Tupsu
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Activity: 1218
Merit: 1003
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September 24, 2014, 09:58:58 PM |
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dlowings
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:59:14 PM |
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Bitmain wouldn't sell the S4 at $1450 if BTC value was much higher. It'd still be much higher than it's competitors are charging, and history proves this.
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For comparison only 1 competitor: SpondooliesTech SP20 price and shipping cost. $1,190.00+$160 (EU) +$119 (US) second half of October and no PSU only 1,7TH/s Which one is cheaper? if you had to pick what would you want the SP 20 or the S4… look at the resale value of the Spondoolies units vs the Bitmain units.. I use to be a die hard Bitmain fan, but its now obvious they don't want to compete they want to price fix and screw everyone… you can sugar coat it any way you want but thats the truth .. If I had to pick I would pick the Spondoolies unit hands down now because when I go to resell there is a far better chance of having a higher value that might help me get ROI even though at these difficulty level I doubt it. when you look at the life cycle of the both products Bitmain is not even in the same ball game as Spondoolies tech any more IMO … If I had the money I would have got the SP35 and called it good. SP20, SP35 and S4 are all NOTHING BURGERS as they say on shark tank. I don't think they will ROI. Seriously, do the math and save your money. If you want miners, buy old ones from Bitcointalk. I agree "Nothing Burgers"
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BTC donations welcome:- 1BrersvQubEKt4m2hBXDNvU1B4RiYe6J4i - Feel free to visit wiki.chainminer.com for free hardware listings, and mining info. - IRC on freenode #wiki.chainminer.com
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mrpark
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 10:00:53 PM |
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all these miners will take 5 months + to ROI, and in that time you are going to have multiple jumps in difficulty. #nothingburgers
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BTC: 1JDjCGtxtxoZ46XgTqUoXBDxNFKwcsEmik
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OneCardShy
Newbie
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Activity: 28
Merit: 0
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September 24, 2014, 10:01:18 PM |
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Does anybody have indication of "cannot identify passport.bitmain.com" when trying to login. it says "the certificate of the website is invalid. you might be connecting to a website that is pretending to be "passport.bitmain.com"
I just tried the "Advanced" "Go there anyway" and was still unable to log in with my existing Bitmain account. The website is obviously down due to the rush for everybody to get in on the S4 B1 ordering. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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dlowings
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 10:04:37 PM |
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Does anybody have indication of "cannot identify passport.bitmain.com" when trying to login. it says "the certificate of the website is invalid. you might be connecting to a website that is pretending to be "passport.bitmain.com"
I just tried the "Advanced" "Go there anyway" and was still unable to log in with my existing Bitmain account. The website is obviously down due to the rush for everybody to get in on the S4 B1 ordering. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) last I checked they were not yet taking orders . at this price not positive they will see a rush of orders, other then fools.
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BTC donations welcome:- 1BrersvQubEKt4m2hBXDNvU1B4RiYe6J4i - Feel free to visit wiki.chainminer.com for free hardware listings, and mining info. - IRC on freenode #wiki.chainminer.com
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tripppn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 10:23:55 PM |
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Does anybody have indication of "cannot identify passport.bitmain.com" when trying to login. it says "the certificate of the website is invalid. you might be connecting to a website that is pretending to be "passport.bitmain.com"
I just tried the "Advanced" "Go there anyway" and was still unable to log in with my existing Bitmain account. The website is obviously down due to the rush for everybody to get in on the S4 B1 ordering. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) last I checked they were not yet taking orders . at this price not positive they will see a rush of orders, other then fools. They might have just put that price out there to watch everyone freak out lol Seriously though it might have been a test to see the reaction.... I doubt it though
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.” ― Frank Zappa
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Zelek Uther
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 10:30:40 PM |
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Bitmain wouldn't sell the S4 at $1450 if BTC value was much higher. It'd still be much higher than it's competitors are charging, and history proves this.
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For comparison only 1 competitor: SpondooliesTech SP20 price and shipping cost. $1,190.00+$160 (EU) +$119 (US) second half of October and no PSU only 1,7TH/s Which one is cheaper? You're looking at the wrong competitor. Spondoolies has been overpriced from the jump. Here's the right one: https://bitcointalk.org/index.php?topic=795477.0Now put the numbers together.... Neither will ROI, and spondoolies are loud as 100 lawn mowers so most people cant use it. SP3x series are loud. They are designed for deployment in hosted facilities where the noise isn't a problem. SP20 is specifically designed for home use, and Spondoolies-Tech tell us that they will be much quieter. On a different note, it is strange that the banner ad says the S4 will be a 3U unit. I would have thought they would have stayed with the 4U chassis of the S2 to save design and manufacturing costs. Basically make the S4 identical to the S2 except with 28nm cards in the slots. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FoUc0Cdb.png&t=665&c=abTO9OHF_5f0mw)
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Run a Bitcoin node, support the network.
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mrpark
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 10:31:11 PM |
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they don't seem like the kind of people to joke about the price. Call me when it goes down to $1000 I'll consider it.
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BTC: 1JDjCGtxtxoZ46XgTqUoXBDxNFKwcsEmik
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toptek
Legendary
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Activity: 1274
Merit: 1000
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September 24, 2014, 10:33:45 PM |
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The sad part is some will pay that much seen it to much in my life to the point its become a joke, they think it's a good price then a week later the price drops or some one make some thing better for less or some one made some thing all most as good and dropped there price even lower then all you see for may be three weeks is how they got screwed etc ..GO figure .
I won't even comment why they think its a good price this post alone is gonna get me in hot water with some .
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goggles1200
Member
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Activity: 110
Merit: 10
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September 24, 2014, 10:37:18 PM |
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No coupons for the 6 antminer S3s I just bought to get out of my S1s. 3.4 BTCs is kick to my digital nuts. No go in my book. Anyone honestly thinking about buying at that price? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Biodom
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Activity: 3864
Merit: 4253
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September 24, 2014, 10:38:29 PM |
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The sad part is some will pay that much seen it to much in my life to the point its become a joke, they think it's a good price then a week later the price drops or some one make some thing better for less or some one made some thing all most as good and dropped there price even lower then all you see for may be three weeks is how they got screwed etc ..GO figure .
The opposite could also happen: bitcoin goes to $700 and they RISE the price to $2000.
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toptek
Legendary
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Activity: 1274
Merit: 1000
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September 24, 2014, 10:40:36 PM |
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The sad part is some will pay that much seen it to much in my life to the point its become a joke, they think it's a good price then a week later the price drops or some one make some thing better for less or some one made some thing all most as good and dropped there price even lower then all you see for may be three weeks is how they got screwed etc ..GO figure .
The opposite could also happen: bitcoin goes to $700 and they RISE the price to $2000. sad part to some stuff won't and will still be cheaper. my way around that wait. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Tips4TaT
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Activity: 47
Merit: 0
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September 25, 2014, 12:10:39 AM |
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3.4BTC, I just shit myself...
Remove the fancy box and display and sell them at 2 BTC.. WTF...
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philipma1957
Legendary
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Activity: 4228
Merit: 8387
'The right to privacy matters'
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 25, 2014, 12:24:18 AM |
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The sad part is some will pay that much seen it to much in my life to the point its become a joke, they think it's a good price then a week later the price drops or some one make some thing better for less or some one made some thing all most as good and dropped there price even lower then all you see for may be three weeks is how they got screwed etc ..GO figure .
The opposite could also happen: bitcoin goes to $700 and they RISE the price to $2000. yeah but the price is so high buying an inhand s-3 on ebay is cheaper. I have a 10 percent ebay coupon and I get an extra 3 percent on top of that. I can buy 4 s-3s for 1200 - 13 percent = 1044 and that gives me 2th or 1.9 th . I have the psu's it should not e possible to buy s-3s on ebay and beat the price for an s-4. factory direct from bitmaintech. While I am a bit boozed up tonight I will post the details of this. 10 percent 1 percent ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fv2%2F1024x768q90%2F537%2FQ6Boo8.png&t=665&c=V5TWtEhm2sTxgA)
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philipma1957
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Merit: 8387
'The right to privacy matters'
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September 25, 2014, 12:30:22 AM Last edit: September 25, 2014, 12:55:55 PM by philipma1957 |
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yeah but the price is so high buying an inhand s-3 on ebay is cheaper. I have a 10 percent ebay coupon and I get an extra 3 percent on top of that. I can buy 4 s-3s for 1200 - 13 percent = 1044 and that gives me 2th or 1.9 th . I have the psu's it should not e possible to buy s-3s on ebay and beat the price for an s-4. factory direct from bitmaintech. While I am a bit boozed up tonight I will post the details of this. 10 percent 1 percent ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fv2%2F1024x768q90%2F537%2FQ6Boo8.png&t=665&c=V5TWtEhm2sTxgA) so that is 11 percent and using my ebay cc is 2 percent a total of a 13 percent discount. this listing offers 1 for 325 or best offer http://www.ebay.com/itm/BIMTMAIN-ANTMINER-S3-440gh-s-BATCH-9-IN-Hand-Ships-Now-/151419551349?pt=US_Virtual_Currency&hash=item23414efe75I put in an offer of 290 he came back with 320 that is 2th for 1280 then take off my 13% and I am at 1113 with ebay warranties .. now I have the psu's but we are talking an in hand fully covered by ebay warranty shipment for 1113 vs a week or more wait for a not covered shipment for 1450 same th… and 337 usd more and the better deal is ebay.
this is a bad offer from bitmaintech.
the only way I am wrong is the s-4 is under 950 watts. as 4 s-3's are 1400 watts. and even if the watts are 900 vs 1400 at 10 cents a watt you pay 1.20 a day more to run the s-3's .
so it takes more then 280 days to make up the difference in pricing.
I want an s-4 most likely I am going to order a few s-3's on ebay and use my coupon.
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krodmandoon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 25, 2014, 12:40:54 AM |
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so four s1 upgrade kits = .92BTC and you can get those s1s for about $80 each, used of course, which are consuming about 1400w and be close to 2Th....right? Am i missing something?
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philipma1957
Legendary
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Activity: 4228
Merit: 8387
'The right to privacy matters'
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September 25, 2014, 12:44:10 AM |
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so four s1 upgrade kits = .92BTC and you can get those for about $80 each, used of course, which are consuming about 1400w and be close to 2Th....right? Am i missing something?
no the deal for the s-4 is silly high. I may go to the longer tube from asicminer.
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Biodom
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Activity: 3864
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September 25, 2014, 12:51:25 AM |
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so four s1 upgrade kits = .92BTC and you can get those for about $80 each, used of course, which are consuming about 1400w and be close to 2Th....right? Am i missing something?
wrong math: 4X0.46BTC=1.84BTC=$780 plus $320 (4X$80) for used S1 equals $1100 just for miners plus $200 for PSU(4X$50), so final is $1300, but only ~1.8Th is guaranteed vs 2th for S4. Upgraded S1 would consume ~1420 W, which would be worse than S4. So, difference is not big, if any ($1300 for 1.8th vs 1450 for 2Th)
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krodmandoon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 25, 2014, 12:56:41 AM |
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so four s1 upgrade kits = .92BTC and you can get those for about $80 each, used of course, which are consuming about 1400w and be close to 2Th....right? Am i missing something?
wrong math: 4X0.46BTC=1.84BTC=$780 plus $320 (4X$80) for used S1 equal $1100 just for miners plus $200 for PSU(4X$50), so final is $1300, but only ~1.8Th is guaranteed vs 2th for S4. Upgraded S1 would consume ~1420 W, which would be worse than S4. So, difference is not big, if any ($1300 for 1.8th vs 1450 for 2Th) thanks for that, forgot about the MOQ. hell you could skim that psu cost to $20 by going with the server PSUs. I would bet that until BTC price recovers the cost of used S1s will rise.
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Supersquid
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September 25, 2014, 12:59:59 AM |
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It's clear that they are trying to discourage hardware ownership for the individual so that they can develop their more profitable cloud mining project. If they raise the price of the hardware they peddle it will push more people to their cloud product. Any way you cut it, its just a money move for them.. They can't be happy with taking a small profit on product development and sales, they want it all. so it is a clear case of greed in my opinion .
At the price they are charging for their cloud mining and then add the fee for "obtaining' the right to farm with them (whatever that fee they call it) , I believe it comes out even worse than if you bought the S4 now. Has anyone calculated the ROI for their hashnest? When I ran numbers the first day they put it out, it wasn't looking good at all and was hoping the S4 would be the answer. I got my answer alright!
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